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To: XBrit who wrote (164715)	11/15/2008 9:14:01 PM
From: bentway	Read Replies (1) \| Respond to of 306849

"In my workplace, probably 65% of the engineers have Chinese as their first language." You just KNOW they're talking about YOU!

To: XBrit who wrote (164715)	11/16/2008 8:10:43 AM
From: Travis_Bickle	Read Replies (2) \| Respond to of 306849

About 98% of my clients are affluent white people. The diversity people argue I would receive some economic benefit by hiring a black receptionist. I guess the theory is I could pick up market share in the affluent black people demographic. But if you compare the size of the demographic groups: affluent white people vs. affluent black people any reasonable person would conclude that the rational thing to do is to avoid alienating my affluent white people clients, even if it costs me potential market share in the affluent black people market. Now the law steps in and says we don't care if the diversity argument makes any sense, and we don't care what is to your economic benefit, we demand that you act in an altruistic manner and give the black receptionist an equal shot even if you are pretty sure she would hurt your bottom line. It's all utter and complete bull**** but we live our lives making believe that it is grounded in rationality ... it is altruism at the point of a knife, and that's no way to run the economy.

To: XBrit who wrote (164715)	11/16/2008 11:44:12 AM
From: ChanceIs	Read Replies (2) \| Respond to of 306849

>>>we should be very grateful that the US has siphoned off so many of the very best.<<< Not at all. We have the same fraction of smart people as the Chinese. It is just that our best brains go to investment banking and lawyering because the financial rewards are better. While Congress is busy micromanaging the economy by regulating IB executive compensation, they ought to put a broad ceiling on IB and lawyer compensation - say $80K, and a broad floor under engineering - say $75K. Won't ever happen. The lawyers and IBs already own Congress. Its a chicken and egg thing you see.